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20121129
20121207
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KTVU (FOX) 30
KPIX (CBS) 29
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KRON (MyNetworkTV) 18
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Search Results 0 to 49 of about 147
FOX
Dec 4, 2012 12:00pm PST
obama said tax rates must rise on the wealthiest americans as part of any deal to avoid the fiscal cliff. this morning r the president met with a bipartisan group of governors at the white house. jerry brown was not among them. the group did not endorse any specific proposal on avoiding the sharp tax and spending cuts that could take effect in january. president obama says it's possible that the tax rates could later be lowered as part of a comprehensive tax overhaul. >>> police responding to an early-morning burglary in san jose are surprised at what they found. we'll have exclusive video of the discovery. >>> rosemary's back in about nine minutes to tell you more about the new storm rolling in and when rain will increase in your neighborhood. >>> it's a first of its kind set up in the bay area. ahead with a new solar facility dedicated an hour ago is getting a lot of attention. on your prepaid card? introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get cha
CBS
Nov 28, 2012 5:00pm PST
. >> reporter: taxes are still the main sticking point. while president obama wants tax cuts to expire for the most wealthy americans, most americans don't. one told his gop colleagues to sign off on the middle class tax cut extension. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs 5, washington. >>> it was too toxic for clothing but not too dangerous for furniture. >> but chemicals in our furniture and our baby products, the epa does not have the authority to regulate them and they end up in our bodies. >> how a california law is contributing to the problem. >>> a 3,000-mile tribute to a life lost much too young. the message friends want people hear as they run coast to coast. ,, now, you're probably sittinn a pound of toxic chemicals.5 consumerwatch reporter julie watts explains one of those >>> if you are sitting on/co
FOX Business
Dec 4, 2012 9:20am EST
. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill that extends the tax cuts on those $250,000 and above and let the democrats take ownership because you know, they're going to be held responsible for the economic performance of 2013 and come 2014, you can actually get a political change that might make a difference. stuart: we'll wait and see on that one. art laffer, always a pleasure. >> bye now. stuart: the republicans submit their fiscal cliff solution. now, that plan put out by speaker boehner, includes 800 billion dollars in extra tax revenues and that would come from li
CBS
Nov 28, 2012 6:00pm PST
point. while president obama wants tax cuts to expire for the wealthiest americans, most republicans don't. behind closed doors wednesday, oklahoma's tom cole told his gop colleagues they should sign off on the middle class cut extensions. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,, ,,,,,,,,,,,,,, tonight, after making her 1- million dollars richer! ye] nguyen claimed h >>> a milpitas woman is thanking her brother tonight after making her $14 million richer. she claimed her super lotto jackpot prize today but it was her brother who bought the winning ticket in september when she couldn't get to the store. so now she is planning to share her
FOX
Dec 5, 2012 5:00pm PST
republican pros pose limiting all itemized tax deductions, but president obama wants to increase tax rates for the wealthiest 2% of americans instead. >>> government regulators are taking action against a baby recliner company. the consumer product safety commission filed a complaint against pennsylvania-based baby matters to stop the sale of the nap nanny. four infant deaths are associated with a rauled version soft that recliner and one death is associateed with the newest version called the chill. the owner of the company posted a message on the web site saying no infant has ever been hurt when the nap nanny is use aid cording to instructions. >>> christmas is coming to the state cop toll and it's happening live right now. want to show yao a live picture here from sacramento where governor jerry brown -- actually, that's the mayor, kevin johnson, the major of sacramento talking right now. jerry brown is also there. all of this over the lighting of the capitol christmas tree. the governor is getting some help from 10-year-old christian anderson from southern california. this year's tree
CBS
Dec 1, 2012 6:00pm PST
. in his weekly media address today, president obama again pushed his party's tax plan. of course, utah senator orrin hatch rejected in the republican response. >> both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress send it my way. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. billions of dollars in new stimulus spending, and an unlimited, unchecked authority tow borrow from the chinese. maybe i missed it, but i don't recall him scwg for any of that during the presidential campaign. >> jarvis: parents and school boards across the country are debating whether to offer bonuses to teachers whose student do well on standardized tests. sharyl attkisson check out how the bonus is working in the first city to try the idea >> reporter: tenth grader lennard l
CSPAN
Nov 30, 2012 8:00pm EST
addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set. i got a chance to meet some of the folks who have been working around the clock to keep up with the christmas rush. that is a good thing. these guys are santa's extra elves. they manufacture almost 3000 piece
CNN
Nov 30, 2012 2:00am PST
the hour. jitters for small business owners. president obama is calling for $1.6 trillion in tax spikes. john boehner is telling him to get serious. >> with 32 days left, the two parties are trading insults with 90% of americans facing higher taxes next year. small business owners want answers. poppy harlow is talking to them. they are very nervous about this. >> very nervous and frustrated. they have no idea what is ahead. that uncertainty is the hard part. we went to new jersey to talk to owners of very different businesses that are equally frustrated that washington can't get it together. >> any company, any business did the method of accounting like the government, we would be in jail. >> you sound like you have had it. >> i have. here is the reservations. staffed 24 hours a day. >> reporter: he started the business back in 1984. today, he's got a staff of 75. 53 cars and one big question. >> i just want congress to tell me to come up with what the boundaries are so i know -- i know how to run my business, i know how to plan. >> reporter: he's laid off four employees in the last six
NBC
Nov 30, 2012 5:30pm PST
't want tax rates on upper income folks to go up. >> reporter: speaking at a factory, mr. obama argued that if congress can't get a deal, taxes will rise about $2,000 average for a family. of coal you get for christmas, that is a scrooje christmas. >> let's not kid ourselves. >> reporter: house speaker john boehner balked. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on republicans in the past, he drew a hard line, including $1.6 trillion in revenues, $600 billion in additional spending cuts, about half in medicare, and at least $50 billion infrastructure spending. >> we don't want to increase tax rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher p
CBS
Dec 3, 2012 4:00am PST
't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama wants $1.6 trillion in new taxes on the rich. $400 billion in cu
CBS
Nov 28, 2012 5:30pm PST
lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time, there is a two-step process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class taxes low. that's what our economy needs. that's what the american peopl
MSNBC
Nov 30, 2012 3:00am PST
, listen, from obama's opening offer, i was able to salvage the estate tax rates. i was able to salvage the dividends tax rates. i was able to shave off 400 to $500 billion in tax hikes that the president wanted. and on top of that, i was able to secure a promise to do comprehensive tax reform within a year. all from the president's first offer. wouldn't that be at least a little bit palatable to some of the republicans in the caucus? >> i think your word choice is perfect, a little bit palatablp. >> that's all they need. >> the attitude of let's make specific concessions now with regard for other concessions to come down the road, that player to be named later you hear about in trades. i think you're going to get enormous apt of skepticism in the house gop caucus to that. because they feel they've seen this movie before. when you were showing the footage of durbin and boehner, i thought it was footage from the debt ceiling argument. >> but isn't the better alternative which is to see all the tax cuts he e s expire? >> how will he pass the massive obama tax cut without the house? >> i'm
CSPAN
Nov 30, 2012 7:00am EST
from kentucky talk about how obama had raised her taxes. she has gone more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive applica
FOX
Dec 6, 2012 4:30am PST
. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of the legislature had repairs on those vehicles and repairs were made before lawmakers used them for their personal use. in any case the costs were thousands of dollars. >> only state in the country finally ended this program and they saw some abuse and they saw voters did not like the program and that it was a perk they could give up. >> starting this year, lawmakers are not issued any cars anymore instead they are. >> paid a moulin rate -- mileage rate for using their own vehicles. >>> now here is a look at items where they recently confiscated them from the burglary ring. investigators have arrested two brothers and a w
ABC
Dec 5, 2012 4:00pm PST
lower a cost of living. president obama's plan raising taxes but medicare and social security will be largely spared. the budget cuts. we're getting an idea about possible long term impact tax increases voter as proved in proposition 30 could have on state economy. abc 7 news joins us live now with the story. nannette? >> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that sometime. it change behaviors. it's dampening economic recovery. >> the forecast estimates payroll growth hovering between 1% and 2% in next two years. it predicts the rate will average 10.5% by the end of the year, then improve to 9.7% next year with the jobless rate around 8.4% in 20
KBCW
Dec 3, 2012 10:00pm PST
obama's bottom line. letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california is still on hold tonight. the u.s. supreme court could have announced today whether they would review prop 8. instead the justices announced that they will wait until friday to discuss whether to take up the case. legal experts say the delay ruling means nothing. >> it's like we have so many cases on the docket. let's put this one off next week, no big deal. that's really what happened. it really isn't the dog that didn't bark, but it's the case that has not been resolved yet and we're still waiting. >> professor little says he expects if the court grants a review that we'll know by friday. but if the court decides to deny or simply postpone the review again, that announcement will come later. >>> a desperate search is underway for a sick child tonight. security cameras of the phoenix hospital show the 11-year-old girl leaving with her mother last week. she had been
CBS
Dec 4, 2012 4:30am PST
on the top 2%. there's no other way to do it. >> reporter: president obama says his plan will raise taxes on the rich bringing in 1.6 trillion. republicans want to close tax loopholes and eliminate deductions to raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to certain people struggling to keep their homes. >> plus the white house's worst fears. what the syrian government may try to do to its people. >> but a beer run gets ugly as fist flies. the suspects and the struggle coming up after the break. clerk got into a fist fightr beer. surveillance video shows a man apparently steag two cases of beer from the s statio >>> a south carolina convenience story lines clerk got into fistfight over a case of beer. a man is shown stealing two cases of beer
FOX News
Dec 1, 2012 9:00am PST
obama believes in the clinton tax cuts, let them go back into affect for the entire country and see if the country believes they are good for america. >> the president is campaign acting like he received a anytime percent man date when he only received half. what impact is this having on the psyche of the gop. >> it is affecting the psyche of the president. he's act being like he did win a huge victory . he did win a substitute victory and what happened to the republicans is, they are fearful of all of these taxes going up they are trying to a bargain in good faith to give away something and then say if you will give us something and make us look good. don't humiliate us. the democrats are humiliating the republican party in making that offer . i think their own dignity and principles and beliefs, what republicans ought to say is, we think that extending the tax cuts pay roll and bush tax cuts is good for economy and america and consistent with our principles and blives and you are not going to put a gun to our head and testimony us to give up all of these things and we'll vote thes
FOX
Dec 2, 2012 5:00pm PST
today about taxes. he said the obama administration will refuse any deal that keeps tax cuts in place for wealthy americans. republicans are meeting that idea with stiff resistance. >> reporter: with the clock ticking and the fiscal cliff looping closure he says the white house will only agree to a plan that includes higher tax rates. >> if they are going to force higher rates on all americans because they are unwilling for 2% of the americans, that is a choice they have to make. >> reporter: calling for $1.6 trillion in tax revenue. he insists the tax cuts must expire for the wealthiest americans. >> what we did is put forward a very carefully designed mix of tax reforms to put us on a path to fixing the debt. >> reporter: republicans did not welcome the proposal. >> i was disappointed by the president's proposal. i think it is a rerun of his budget patrol. it is $1.6 trillion. >> reporter: and expressing frustration with the lack of progress. >> i would say we are nowhere. >> reporter: he disagrees, pointing out the administration offered $600 billion in cuts to healthcare and other
FOX
Dec 4, 2012 5:00am PST
spending cuts but no tax rate increases. here is a picture of president barack obama answering questions on twitter about the fiscal cliff. he is promoting a reference to the estimated tax increase and middle income families would see if rates are not extended, the latest would extend tax cuts for everyone including americans and who the president wants to exclude. the white house says the proposal is too short on specifics. >> we can't guess what they are, they need to tell us and they look forward to the time when they are specific with the ways we have dealt with it. >> they don't like what republicans want to do to social security and more on that during my next update. reporting live, allison burns, ktvu channel 2 morning news. >>> 5:14 in florida, they have released a photo of george zimmerman, showing george zimmerman with a swollen nose and blood did i face. they responded and said it adds nothing new to the case. the volunteer watch man is charged with second-degree murder and his trial is due to begin next june. >>> contra costa police officer was taken to the hospital after an
KRON
Nov 28, 2012 5:00pm PST
is reached -- tax increases and effect. president obama says the people need to be part of the fiscal cliff debate. and today, he's taking his message on the road. >> i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> but republican lawmakers, question the president's decision to leave washington. >> in other words rather than sitting down with lawmakers of both parties and working out an agreement he is back on the campaign trail presumably with the same old talking points that we are all quite familiar with. >> mister obama assured the public he is doing his part. also sitting down with the c-e-o's and labor >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families and american businesses have some year. >> house speaker john boehner -- also remaining positive. >> republicans are committed t0continuing to work with the president to come to an agreement to avert the so- called fiscal cliff, it's one reaso
KRON
Dec 3, 2012 6:00am PST
the average middle-class family would have to pay about $2,000 a year more in taxes. house speaker john bain of lands the stalemate on the obama administration. he says they are not taking republicans seriously and plans to close loopholes and lit it deductions without raising taxes. >> i realize of the president may not agree but if there is another way to get revenue from upper income americans that doesn't ruin our economy why don't we consider it? >> we won them to tell the american why they won't do it. >> the democratic controlled senate has are the agreed to extend the bush tax cuts for incomes under $250,000 but let the other tax cut expire. it is predicted their rugby at least a short-term deal released before the end of the year. >> of when it comes to a president's second inauguration at the crowd tends to be smaller. that will be the case again this january. the cross the present obama as inauguration on january 21st will be close to 800,000. that is the estimate right now. that is down quite a bit from the 1.8 million people crowded the national mall and 2008. >> i think that is
KICU
Nov 28, 2012 7:00pm PST
will be on the capitol hill. president obama travels to philadelphia friday to push for an extension of tax cuts for washington families. >> still today, really would. in renewed hopes about am the dows. the -- president obama plans to host this former rival. during this election, victory speech, um remember that the president said to look forward to talking with romney about how the two men can work together. >>> a lot of hopefuls in 42 states have less than an hour to get in on the record paul ball jackpot. injuries dreaming of the potential pay off. $550 million. that's more than half a billion dollars. now the odds of correctly matching the numbers are 1/175 million. california does not participate in the power ball lottery. >>> but for a good cause, the 90-year-old says she'll go on a date with the highest birder on an online auction benefits the fca. she's best known for her role. if it's a dramatic rescue effort that's yet to play out. the extreme lengths one bay area military group is going to save a sailor in desstress. you can call and a next week break in the stormy weather. chief met
CBS
Dec 3, 2012 6:00pm PST
to social media. >> reporter: working to win public support for his tax and spend proposing, president obama answered "fiscal cliff" questions on twitter monday. one twitter follower asked, why won't keeping tax rates low across the board encourage more hires and tax revenue? the president replied high-end tax cuts would cost almost $1 trillion while extending middle class cuts will produce growth. if there is no compromise all tax go up and spending will be slashed including cuts to the defense budget. defense contractors gathered in washington monday to discuss the consequences. david language staff is ceo of task a company that develops aviation systems and software for intelligence agencies. >> but i think it's very bad for national security because companies cannot plan. >> republicans sent the president a counterproposal monday afternoon. it includes more than $2 trillion in budget savings and extends tax cuts for all americans. >> us this far republicans have been adamant that rates shouldn't go up on the top 2% wealthiest americans. well, the american people overwhelmingly disagree.
FOX
Dec 3, 2012 5:00pm PST
with 800 billion from tax reform and the rest in cuts to government problems. last week president obama offered a plan that relied on tax increases that would total $1.6 trillion. the republican plan does not include something the president said is essential, income tax hikes on those making more than $250,000. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend ship. >>> coming up, we have shown you this sink hole developing, what they are doing get things back to order in this neighborhood. >> a nice break today. the rainfall ending, giving us a break but there are more showers headed our way. i will have the timing on the showers in 10 minutes. how do you do that? well, i
ABC
Dec 3, 2012 5:00am PST
are nowhere. >> reporter: president obama asking for 1.6 trillion in new tax revenue over 10 years, boehner is offering half that. the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, january 1st, nearly every american will pay more income tax between $2,000 to $2400 for the average family, 2% cut in payroll taxes will disappear, 500 billion dollars in automatic spending cuts in effect, half at the pentagon the other half from educating, transportation, food safety and research. economists fear if washington can strike a deal the economy will fall back into recession and employment will shoot up. tahman bradley, abc news, washington. >>> sarah palin stepped out on the red carpet -- nancy pelosi stepped out on the red carpet for a night of glamour she strolled before photographers at last night's kennedy center honors she talked about efforts to resolve the impasse. >> this is not a night of politics and policy, but since you asked, yes we
KRON
Dec 3, 2012 5:00pm PST
. president obama wants to end tax cuts for americans making more than 250-thousand dollars a year. the bottom line -- lawmakers made no progress today on an agreement. >> mitt romney has a job again.. he's returning to the board of directors at marriott international hotel.... he's been on the board twice before - but left to run for political office. romney has kept a low profile since the election - spending his time with his family at their california home. the romney and marriott families are close -- in fact - willard mitt romney was named after the hotel's founder -- j. willard marriott... >> heavy fighting between rebel and government forces in syria. now there is concern that syria could plan on using chemical weapons against the rebels. obama is warmin mornin-that it should not happening. >> the use of chemical weapons. is and is totally unacceptable. and if you make the tragic mistake of using these weapons it there will be consequences and you will be held accountable >> the united nations is withdrawing its international staff from syria because of the obvious security problems.
ABC
Dec 6, 2012 5:00am PST
associated press poll shows there is clear support for president obama's insistence on raising taxes on highest income earners. in the poll 48% want the cuts on income exceeding $250,000 a year to expire in january, while continuing them for everyone else, 30 to% wanted to renew -- 32% wanted to renew tax cuts for everyone. >>> this afternoon, the 49ers' new stadium will reap a construction milestone crews will erik the uppermost structural steel beams 200 feet above the ground. -- 49ers ceo york and other dignataries will hold a ceremony. the two beams pained gold will bear signatures of the projects 570 construction workers, 49ers as well as santa clara city leaders. the work began in july. the stadium remains on schedule to open for the 2014 season. >>> we had 49er day earlier in season now it is raiders day. >>> definitely going to be a tough morning. not hanging heavy over the bay bridge or as we look at the ferry building from downtown san francisco wind blowing out of the west keeping dense fog from forming. also what is pushing the moisture into the atmosphere and why we have
FOX
Dec 5, 2012 7:00am PST
. >>> while the fiscal cliff is getting close, president obama is getting tough, digging in his heels. he says the wealthiest americans must way higher taxes. alison? >> reporter: that's. house democrats are echoing the president's demand in the past half-hour. nancy pelosi renewed her call for an immediate house vote on a bill that would extend current tax rates or the -- for the middle school and increase tax increases for the wealthiest, 2% of the americans. >> if the republicans agree to bringing up the middle income tax cut, which i hope they will, that will be a victory for the american people. that's why we're here. and the cliff, which is becoming more of a slope, if they do that. >> reporter: john boehner met with house republicans. he's about to hold a news conference. he will be speaking in a few minutes. he's facing a potential revolt within his party if he caves to the pressure from the president and lets the tax rates go up. president obama is meeting with business leaders about all of this right now and we expect to hear with him -- from him within the hour. alison burns, ktvu c
NBC
Nov 30, 2012 11:00am PST
president obama is talking directly to the american public about tax increases and spending cuts. this afternoon, he walked assembly line outside of philadelphia. it's main product? connecx toys. >> we all agree on making sure middle class taxes don't go up. let's get that done. let's take the fear out for the vast majority of american families so they don't have to worry about $2,000 coming out of their pocket starting next year. >>> all right. now to a story you will see on nbc bay area. >> the san jose skyline could look different if the city can get clearance from the faa. the city leaders say they want taller buildings up to 40 stories high, but since downtown is in the flight path of the airport, there are flight restrictions and that is costing the city money. >> we can do that because we can bring more vibrancy to downtown. more people using restaurants and retail and obviously that attracts more business. >> the faa is doing a study looking the -- at other airports. critics say having taller buildings will ruin the view for the buildings already in downtown. >>> when we
CBS
Dec 5, 2012 4:30am PST
a republican proposal this week. but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal cliff." 29% would hold the president responsible. >>> shares of pandora media fell nearly 20% in after-hours trading on a disurge asking outlook for their current quarter. the oakland-based internet radio company says it expects to lose between 6 and 9 cents a share in the 4th quarter. they reported 3rd quarter profits tripled to $2 million. that worked out to a penny a share and apparently not enough. >>> "star wars" franchise is officially gone to disneyland. federal regulators have cleared disney's $4 billion purchase. lucasfilm. filmmaker empire behind the "star wars" franchise. sale was announced back this october. disney says it plans to may sequels to the six-pa
ABC
Dec 6, 2012 6:00am PST
associated press poll shows there is clear support for mr. obama's plan in the poll 48% want the tax cuts on incomes exceeding quarter million dollars a year to expire in january while continuing them for everyone else. 32% want to renew the tax cuts for everyone. findings seem to strengthen the president's hand in his negotiations >> recall alert for parents from 7 on your side. government is taking action against makers of nap nanny, a portable baby recliner, after five infanned -- five infant deaths. the nap nanny poses risk of injury and death to infants. the commission says it is a dangerous product with a faulty sign. coming up on "good morning america" at 7:00, why the makers are refusing to pull its product. >>> this afternoon cal will hold a news conference to introduce the bear's new coach, sonny dykes has hired yesterday to rebill the program he leaves louisiana tech after three seasons. this year -- his bulldogs led the nation in scoring. he runs spread offense expected to bring exciting football to berkeley he has previous experience in pac 12 as assistant at arizona. >>> sti
CBS
Dec 5, 2012 5:00pm PST
timothy geithner said the obama administration will reject a budget deal that doesn't include higher taxes for the wealthiest 2% of americans. >> and the "fiscal cliff" deadline is now a day closer and still no deal between the president and republicans. political reporter grace lee is live in the newsroom with what this gridlock could cost californians. grace. >> reporter: well, liz, now we have some very real numbers that's what's at stake if we go over the "fiscal cliff." the daily democrat predicts that our state could lose $4.5 billion and lose about 200,000 jobs and with 26 days until that deadline, the painful reality is just becoming more clear. >> at 3:00, they want to start us closing on wednesday at noon. >> reporter: a social security employee for 30 years he is joining fellow federal workers across the u.s. to spread the word that the "fiscal cliff" is looming and at stake, social security benefits for millions. >> they seem to go for the people who had the least political pull, poor, disabled, people in east oakland. >> reporter: people like a social secure recipient who reli
KICU
Dec 4, 2012 7:00pm PST
obama held his ground insigs on higher tax rates for the top 2% of the wealthiest americans. >>> the political wrangling but a damper on wall street as stocks finished slightly lower in a light strad trading day. the dow jones industrial lost 13, the nasdaq shed 5. shares in oakland-based pandora are plum etting after hours. the internet radio company posted better-than-expected quarterly results but lowered its outlook for the rest of the fiscal year. the company is facing stiffer competition from the likes of apple and microsoft. both companies are launching their own music service. pandora shares dropped 17% after the closing bell. >>> now, numbers and new numbers show home sales in california remain steady, a sign of the recovering housing market, but as john reports, in one bay area community, the supply of homes on the market is as tight as can be. >> tuesday's in walnut creek are normally reserved for real estate brokers to tour each other's available homes, but today the inventory was anything but normal. >> there are very few listings on the market, and that's causi
FOX
Dec 4, 2012 6:00am PST
cliff. we have fewer tax increases than the president wants, allison? >> reporter: pam, house republicans say this is their attempt to counterwhat they call the la la land offer from president barack obama. republicans want 1.2 pill caron dollars in spending -- trillion dollars in spending cuts and that's almost twice as much as what the president has proposed. they are not raising tax rates on the wealthy which the president has demanded. they are also proposing 200 billion in savings for changes by potentially lowering the costs in increasing eligibility standards. that could be a major sticking point for congressional democrats but the president needs more details but he does not like what republicans are offering. look at how house democratic national convention democrats may try to force tax rates from wealthier americans, reporting live allison burns, ktvu channel 2 morning news. >>> they are trying to make homes livable, under the program the city of new york will send contractors at no charge to homeowners. 400 project have been completed -- projects have been complete
KICU
Dec 5, 2012 7:00pm PST
else on the platform help and some ran away. >>> president obama says she holding firm on his position to raise the tax rates on the highest earning in effort to avoid the fiscal cliff. >> let's allow higher rates to go up for the top 2% that include all of you, ewhy. >> the bet business leaders in washington, d.c. after word he spoke by phone john boehner. they provide new details to the conversation. the republican plans include $60 billion in spending cuts to federal healthcare programs. >> we have to cut spending and i believe it's appropriate to put rev news on the. >> speaker boehner says his plan will bring in $800 million in new tax revenue. >>> on wall street stocks closed mix. nasdaq fell by 22. led by apple. analyst today suggests am could lose ground to competing android products. >>> big cuts coming to cityback. 11,000 jobs worldwide. that'll save more than a billion dollars a year in expense. bank plans to scale back consumer operation in other country. not sure how many jobs cut in the u.s. >>> and the annual tree lighting ceremony. >>> the tree lying with a help of ten-
MSNBC
Dec 1, 2012 9:00am PST
it as well. >>> from there to washington, and new today president obama taking his message directly to the public amid the fierce fiscal cliff fight. after holding a campaign-like stop in pennsylvania friday, the president today is urging congress to extend middle class tax cuts in his weekly address. >> both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress sends it my way. >> the gop is also out today with new criticism of the president's plan. here's republican senator orrin hatch of utah. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. billions of dollars in new stimulus spending. and an unlimited, unchecked authority to borrow from the chinese. maybe i missed it, but i don't recall him asking for any of that during the presidential campaign. >> j
MSNBC
Dec 2, 2012 9:00am PST
is a story titled online sales tax debate grows. states could collect revenue from out of state internet retailers. states can only bring in sales taxes from companies located within their borders. >>> fresh criticism of president obama and susan rice over the september 11th attacks in bengha benghazi. they got a vote of confidence at a cabinet meeting this past week. >> susan rice is extraordinary. couldn't be prouder of the job she's done. >> she appears to be the top candidate to replace hillary clintons a secretary of state. but could gop opposition change that. joining me is adam shif who said it's unfair to go after rice for information given to her by the cia. so your take on her chance of being approved by the senate. is this worth it to the president? >> i think she would be an extraordinary secretary of state. he ought to go forward and nominate her. it wouldn't be a slam dunk, but she's a strong candidate and would be confirmed. and when you look at the criticism of her, it's so completely unjustified. no one is critiquing her job as ambassador where she organized the sanction
ABC
Nov 29, 2012 6:00pm PST
are you holding this up. >> president obama told boehner there is no deal unless to keep the tax rates go up for those earning more $250,000. >> 138 nations voted to granted the palestinian authority status as a non-member observer state. israel and united states voted against the controversial measure which could make it easier for the palestinian authority to pursue israel in international courts. palestinian president mahmoud abbas called it a last chance for a peaceful two state settlement. >> just ahead, a bay area's woman battle against cancer. >> how social media is bringing >>> traditional fund-raising usually involves something like a bake sale or auction. >> social media opened a new arena. >> it is called cloud funding and michael finney is here tonight, apparently it works. >> it really does. it is a game changer. i reported earlier about a local elementary school where they were able to raise cash by using a cloud funding site. thousands of folks are raising money from everything from making movies to paying medical bills. for one san francisco woman who is fighting cancer, i
CBS
Nov 30, 2012 5:00pm PST
in a philadelphia suburb to sell his pitch... and urge lawmakers to pass a tax cut extension for the middle cl. house speaker jo >>> president obama went to a toy making factory in a philadelphia suburb to sell his pitch and urged lawmakers to pass a tax cut extension for the middle class. house speaker john boehner says the president's proposal would be a blow to the economy. if a compromise isn't reached soon automatic tax hikes and steep budget cuts will kick in january 1. >>> and as budget talks continue little changed on wall street today. the dow closed with a 4 point game. the nasdaq lost 2. s&p 500 edged up less than a point. >>> anthem blue cross was first. now several other health insurers jumping on board with their own proposed double-digit rate hikes. cbs 5 consumerwatch reporter julie watts says, critics say that the move is a preemptive strike to raise the rates before healthcare reform kicks in. >> a 25% increase. i felt like i had been kicked in the stomach. >> reporter: a healthcare provider herself, pediatrician jan feels helpless. her individual blue cross health insurance
CNBC
Nov 29, 2012 6:00am EST
people. >> did you see this, obama is flexible on highest tax rates. >> administration official. white house officials later signaled that. he didn't signal it in anything he said. >> i spoke to a couple who were at the meeting yesterday, some of the executives, who felt, and this is like the implied feeling that he was now more willing to deal on the highest rate. >> did you hear anything about spending cuts or entitlement reform? >> two conversations are taking place. one if the public trying to get them behind you. the other is whether you're actually saying to the people you're negotiating with. and when you saw the signal, it was like, okay, maybe they'll get to that, i don't know, 37% or 500,000 or something. what we had been talking about two weeks ago. maybe that's where they're headed. stocks did gain ground on optimism around the idea that we could reach some sort of a deal to overt the fiscal cliff. the dow closing more than 100 points higher after being down by more than that during the session. a swing like that hasn't happened since october 2011. u.s. equity futures at th
CBS
Dec 3, 2012 5:00am PST
to raise taxes on the wealthy. house speaker john boehner has dismissed president obama's plan as not serious. >>> stock futures indicate there will be modest gains when the stock market opens up this morning. >> yeah. this follows a week when all the key averages posted gains. ashley morrison of cbsmoneywatch.com has the latest on monday in new york. good morning. >> reporter: good morning, frank and michelle. well, asian markets were mostly high they are morning on improved manufacturing data from china. tokyo's nikkei edged up a fraction to a seven month closing high while hong kong's hang seng lost a percent. >>> on wall street there was little movement as investors were cautious with all eyes on the "fiscal cliff." the dow rose 3, nasdaq down 2. >>> so far there's no resolution of the strike by clerical work at the ports of los angeles and long beach. the strike enters its 7th day today dramatically slowing traffic at the nation's busiest cargo complex. dock workers refuse to cross the picket lines. the clerical workers say management has been outsourcing their work. >>> a
MSNBC
Dec 1, 2012 7:00am PST
, the consequences of the fiscal cliff are real. from a politicaler speck tiff, president obama is holding all the cards here. if he does nothing, the push area tax cuts expire, raising revenue. spending cuts will bring down the debt and possibly help secure social security and medicare. apparently, the president this is that he is making an offer republicans can't refuse. joining me at table is msnbc contributor, joy reid. cnbc contributor, dan dicker and laura flanders, the host and founder of grittv.org. thanks to all of you for being here. >>> is this, in fact, a new president obama. is the kind of negotiating tactics we are seeing now something that wasn't happening in the first term? >> i want to see that seventh head. i'm really looking forward to that. i love this whole don core leone thing. i know this was one of those things. apparently, they got in touch with a dog food factory. i will put that one aside. >> i don't think anything the administration is doing this time is going to get them on that case. i do think this represent pigs after the last election in the first term, there w
MSNBC
Dec 3, 2012 3:00am PST
taxes to that. tea party 2 will dwarf tea party 1 if obama pushes us off the cliff. >> so basically what grover nor 0 quist is saying there to the members of the tea party who were elected, have been elected, we'll take everybody who is against us into a primary on the right on the republican side. >> right. >> and so the threat has been issued already. >> that was the point. >> this is like political terrorism. >> well, it's certainly a clear bargaining position. i remember talking to a longtime member of the house running for the senate we were talking about something else, and i said is it worse than when you came in, which was in the late '80s? and he said the central difference is in the caucus, the republican kcaucus. the fear is not a democratic challenge, it's a primary challenge. it's the first time i heard the verb to be primaried. you can ask senator lugar about this. it's real. it's becoming increasingly difficult to cast one or two compromise votes even early on because of this he cecho chambe that kicks in and, to me, what's so scary about it is the president's second term
MSNBC
Dec 5, 2012 3:00am PST
the election, president obama reiterated his demand that any deal has to raise taxes on the highest earners. but yesterday the president also appeared to show a little bit of flexibility in lowering those tax rates in the future. take a listen to what he said. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal -- what i've suggested is, let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform. we look at what loopholes and deductions both democrats and republicans are willing to close. and it's possible that we may be able to lower rates by broadening the base a
CSPAN
Nov 30, 2012 2:00pm EST
and they reset the rates -- the lady from kentucky talk about how obama had raised her taxes. she has gotten more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive application --there is a possibility we could come back in january and say we will reinstate those tax rates for everybody except those people making more than $250,000. host: we have about 30 seconds. the likelihood these credits will be reduced. guest: it will be a crapshoot. host: steven sloan from politico. walking in the other series about what may be affected because of the fiscal cliff. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> president obama spoke about the fiscal cliff today. later in the day, house speaker john boehner responded to the president's comments. you can both of them starting at 8:00 p.m. eastern on c-span. tomorrow came a memorial service for warren rudman who died earlier this month. we will hear remarks from vice- president joe biden and several others as t
CBS
Nov 28, 2012 11:00pm PST
plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in los gatos. kiet do shows us just how quickly they struck. >> reporter: for employees at this fine jeweler's, the surveillance video captured the longest 75 seconds of their lives. >> did you think you were going to die? >> it cros
FOX
Dec 4, 2012 5:00pm PST
's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yesterday and some 60,000 people have fled to emergency shelters. the crowded shelters in this new video. the t
CSPAN
Nov 30, 2012 10:30pm EST
her taxes. she has gotten more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive application --there is a possibility we could come back in january and say we will reinstate those tax rates for everybody except those people making more than $250,000. host: we have about 30 seconds. the likelihood these credits will be reduced. guest: it will be a crapshoot. host: steven sloan from politico. thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> tomorrow on washington journal, and a look at the mortgage debt relief act, which was passed by congress in the early days of the housing crisis, and a discussion of orientation sessions for senior aides and aides of members- elect in congress. and a member of the autistic and advocacy network on being an adult with autism, and the federal role in supporting autistic adults and children. washington journal, live saturday at 7:00 a.m. eastern on c-span. >> when i think of warren, i think of th
CNN
Dec 3, 2012 4:00am PST
.c. the obama administration draws a line in the sand over tax hikes. the two sides now seem further apart than ever before. and we have less than a month to go. >>> soledad, a flood of trouble in the west. widespread destruction as storms pound already soggy parts of northern california. >> lots to talk about this morning. we'll have joe linta, the agent for kansas city chiefs linebacker jovan belcher. also talking to florida republican congressman connie mack. california republican mary bono mack will join us as well. also, carlos gutierrez. former giants runningback tiki barber is with us in the studio. it's monday, december 3rd, and "starting point" begins right now. welcome, everybody. our team joining us around the table. barbara starr, cnn's pentagon correspondent. we were talking this morning, it has been literally four years since we've seen each other in person. >> last time i saw you was inauguration day. >> we talk all the time. in person, four years. kamau bell is a median. new york congresswoman nan hayworth. alina cho sticking around to help us, too. starting point is the search
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